Stellar DEX Layer 2 Application

• 

  Frontend

Inspiration

Realizing that I can apply the logic I use in Layer 2 applications I have developed on Ethereum on Stellar with a new feature, "fee bump", I started this project.

What it does

Although making transactions on the existing DEX is faster compared to other blockchains, it was not possible to make instant transactions. Thanks to the "off-chain" matching engine, the swap transactions signed by users are broadcast to the Stellar network only if they match, so it is possible to make simultaneous transactions on Layer 2.

How I built it

My teammate Sevcan prepared what was required in the frontend part and what remained for me was to read plenty of documentation and write the "off-chain" matching engine.

Challenges I ran into

It was very difficult for me to participate in the last 24 hours and to have little time. However, Stellar's documentation is quite understandable, making it easy.

Accomplishments that I'm proud of

Being able to realize my idea within 24 hours

What I learned

Stellar is unrivaled in documentation!

What's next for Stellar DEX Layer 2 Application

The first goal is to make this demo usable in real life.

• Combining the L1 (Horizon), L2 (off-chain) orderbook both in the matching engine and presenting both as a single orderbook.

• Possibility of sending, canceling hundreds of orders per second and following strategies with API support.

Built With

• mongodb
• node.js
• vuejs